MYR Group Inc. (MYRG) — ESG & Values Scores

Environment story

MYRG operates as a transmission & distribution and commercial & industrial electrical contractor with substantial exposure to fossil fuel infrastructure work (54.7% of 2025 revenue from T&D segment serving electric utilities). The company has disclosed no Scope 1, 2, or 3 emissions data, no renewable energy targets, and no net-zero commitment. Risk factors identify climate change as a physical and financial risk, including increased insurance costs and weather-related operational disruptions. The company states it is 'well-positioned to adapt' to climate regulations but provides no quantified decarbonization initiatives, carbon reduction targets, or sustainability reporting. No verified investments in physical decarbonization infrastructure are disclosed. The company does not appear to have commissioned third-party sustainability reporting or science-based targets. Absence of disclosed emissions and targets triggers significant deductions under deterministic rules.

Criticisms on file

Fossil Fuel Infrastructure Dependency: 54.7% of 2025 revenues derived from T&D segment serving electric utilities; business model centers on maintenance, upgrade, and construction of electric transmission and distribution infrastructure, including traditional fossil-fuel generation support.
Source: MYRG 10-K, Item 1 Business & Segment Information
Wildfire and Climate Risk Exposure: Company performs significant services in locations susceptible to wildfires and natural disasters; insurance coverage has become more difficult and expensive to obtain in recent years due to increased wildfire losses.
Source: MYRG 10-K, Item 1A Risk Factors — Climate Change & Insurance
Large Fleet Emissions: Company operates extensive fleet of trucks, trailers, support vehicles, bulldozers, bucket trucks, and heavy equipment; potential for significant Scope 1 emissions from fossil fuel combustion not quantified or reported.
Source: MYRG 10-K, Item 1 Business — Equipment

Disclosed initiatives

Climate Change Risk Monitoring

Company states it 'regularly monitors' proposed and changes to environmental laws and regulations designed to encourage clean energy technologies and regulate greenhouse gas emissions.

Passive monitoring; no quantified decarbonization or emissions-reduction programs identified.

Social story

MYRG employs approximately 9,000 people as of December 31, 2025 (7,200 craft, 1,800 administrative/management), with approximately 85% of craft employees unionized (primarily IBEW). The company cites competitive compensation, safety emphasis, and equipment quality as recruitment and retention strategies but discloses no CEO-to-median-worker pay ratio, workforce demographic data (gender, race/ethnicity representation), turnover rates, or diversity targets. No gender pay gap or racial pay gap analyses disclosed. Leadership team comprises five named executives (Richard Swartz, Kelly Huntington, Brian Stern, Don Egan, William Fry) with gender representation not explicitly stated in available data; Kelly Huntington is identified as female (CFO). Union standing is neutral-to-positive: IBEW represents majority of unionized workforce; company is NECA member. No documented union-suppression activities, strikes, or NLRB complaints disclosed in provided 10-K excerpts. No diversity program, supplier diversity program, EEO-1 disclosure, or civil rights audit mentioned. Supply chain is largely composed of subcontractors (small proprietorships and small business entities); no human rights audits of subcontractor labor practices disclosed. Labor shortage identified as material business risk.

Criticisms on file

Skilled Labor Shortage Risk: Company has experienced shortages of linemen, wiremen, field supervisors, project managers, and engineers in certain regions; shrinking skilled electrical workforce identified as material risk to business growth.
Source: MYRG 10-K, Item 1A Risk Factors — Human Capital & Labor Shortages
No Disclosed Diversity Metrics: No gender, racial/ethnic, or other demographic representation data disclosed for workforce or executive/board leadership. No diversity program, supplier-diversity program, or civil rights audit mentioned.
Source: MYRG 10-K, Item 1 Human Capital Resources & Executive Officers
Subcontractor Labor Practices: Subcontractors (often sole proprietorships or small entities) are primary source of labor for portions of work; no disclosed audit or oversight of subcontractor labor practices, wage compliance, or human rights standards.
Source: MYRG 10-K, Item 1 Business — Subcontracting

Disclosed initiatives

Health & Safety Programs

Company emphasizes occupational health and safety as core strategy. Investment in safety programs and training. Safety record reviewed by customers during bidding process.

Safety performance is competitive differentiator; no quantified safety incident rates disclosed.
Competitive Compensation & Recruitment

Company states it seeks to attract and retain highly qualified craft employees through emphasis on safety, competitive compensation, and high-quality equipment fleet.

General recruitment strategy; no quantified pay equity benchmarking or wage data disclosed.
Training & Development

Company mentions recruitment, training, and development programs as part of human capital management framework.

Program existence acknowledged; no specific training metrics or outcomes disclosed.

Governance story

MYRG operates with a single-class share structure (no dual-class voting disclosed). Board independence percentage not disclosed in 10-K excerpts provided. Five named executive officers identified: Richard Swartz (CEO; board member since April 2019), Kelly Huntington (CFO), Brian Stern (SVP COO T&D), Don Egan (SVP COO C&I), and William Fry (SVP CLO). Lobbying expenditures not disclosed; company does not explicitly identify environmental or climate-focused lobbying positions. No active antitrust proceedings, consumer-safety actions, or financial-fraud regulatory consent decrees disclosed in risk factors or business sections. Company faces typical construction-industry litigation risks (personal injury, employment disputes, contract claims, environmental) but no material active regulatory enforcement mentioned. No evidence of shareholder activism, climate proposal lawsuits, or governance controversies disclosed in available 10-K excerpts.

Criticisms on file

No Board Independence Data: Board composition, size, and independence percentage not disclosed in available 10-K sections. Lack of transparency on board diversity, committee structure, and independence compliance.
Source: MYRG 10-K, Item 1 Business — No Board/Governance table provided in excerpts
Ordinary Course Litigation Risk: Company subject to lawsuits and indemnity claims for personal injury, employment discrimination, breach of contract, property damage, and environmental liabilities. Insurance may be insufficient for certain claims.
Source: MYRG 10-K, Item 1A Risk Factors — Ordinary Course Lawsuits
Environmental Liability Exposure: Company may be held liable for penalties and damages under environmental laws; potential liability for cleanup of previously owned or operated properties or properties where hazardous substances were discharged, regardless of company fault.
Source: MYRG 10-K, Item 1A Risk Factors — Environmental Compliance

Disclosed initiatives

Regulatory Compliance Programs

Company states it has compliance programs relating to licensing, permitting, worker safety, environmental protection, data privacy, and data security. Processes include training, personnel, IT, and capital investments.

General compliance framework; no quantified audit outcomes or third-party verification disclosed.
Risk Management & Legal Oversight

William F. Fry serves as SVP, Chief Legal Officer and Secretary; responsible for legal compliance and risk management across operations.

Governance role established; specific controls not detailed in available excerpts.

These are Missionomics' own editorial scores — directional signals built from disclosed facts under a published method, not certifications or definitive ratings of MYR Group Inc.. Coverage and confidence vary by data point, and figures can lag real-world changes. Read the full Methodology for sourcing, scoring, and correction details — or open MYR Group Inc. in the app for interactive charts and portfolio building.

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